The Loan Comparison Calculator estimates a loan and interest estimate for your scenario from the quantities, rates, period, units and other assumptions requested on the page. Replace the example values with your own loan comparison figures and recalculate after changing an assumption. Use it to compare scenarios, then verify any current rate or fee before acting.
Compare loans 2 offers at once see installments, total interest and actual cost
Fill out the details of loan offers A and B.
Comparison
list
Credit A
Credit B.
How to compare loans correctly.
Loan comparisons should look at the total cost, not just the monthly payments. Factors to consider include the effective interest rate (EIR), initial fee, early closing fee, and special initial terms.
Frequently asked questions
What's the difference between flat rate vs reducing balance?
Flat rate calculates interest from the principal over the period, such as flat 3% per year actually equivalent to reducing balance about 5.5-6%. Reducing balance calculates from the remaining amount, interest decreases every month, total payment less than
What is EIR?
The Bank of Thailand has issued an EIR for the loan.
Should I choose a low interest rate loan or a low instalment?
Look at the total interest over the contract. Lower instalments may mean longer periods and higher total interest. If income is stable, choose higher instalments to close the debt faster and save interest.
Installments and interest are numbers for preliminary screening of plans. Before actually applying, you should compare rates, fees, and conditions from service providers.
Calculated based on the principal, rate and term you enter.
This does not include certain types of fees, insurance or specific promotional conditions.
The total installment should not put pressure on monthly cash flow.
Disclaimer: The actual interest rate depends on the terms of each financial institution.
English calculator guide
How to use the Loan Comparison Calculator
Use this page to test a specific loan comparison scenario. Enter your own values in the calculator above, review the units beside each field, and recalculate after changing an assumption. The result updates the loan comparison estimate instead of relying on a generic example.
Build a baseline loan comparison case with figures that match your situation.
Run a second loan comparison case after changing the rate, period, quantity or other key assumption.
Record the difference between the two loan comparison results and the input responsible for it.
Inputs for the loan comparison estimate
For this loan comparison calculation, check the quantities, rates, period, units and other assumptions requested on the page. The result is designed to show a loan and interest estimate for your scenario, not a guaranteed provider price or official decision.
How the loan comparison result is calculated
The calculator models principal, interest, repayment timing and term using the assumptions shown on the page. Reusing the same loan comparison inputs will produce the same estimate, which makes the page suitable for controlled scenario comparisons.
Checks for a loan comparison decision
Confirm any current rate, threshold or provider rule that could change the final amount. For loan comparison, Use the result to compare affordability, not as a lending offer. Check the lender’s effective rate, fees, insurance, payment schedule and approval conditions before committing. Check the important inputs and any current provider or authority rules before using the result for a decision.
Language QA
Terminology, numeric values and calculator controls checked
Review formula structure, test cases, data sources, effective dates, and risk language accordingly.How to check our · There is no claim that an outside professional reviewed it. Unless the page directly states the name and qualifications. This content is therefore not individual advice.
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💾 Saved calculations
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Press the "Save" button after calculation to store the results.
